[147 Pages Report] Thermally Conductive Grease Market was valued at USD 273.0 Million in 2016 and is projected to reach USD 416.6 Million by 2022, at a CAGR of 7.3% from 2017 to 2022. In this study, 2016 has been considered as the base year and 2017 to 2022 as the forecast period for estimating the market size for thermally conductive grease.

Objectives of the Study

To estimate and forecast the size of the thermally conductive grease market, in terms of value and volume

To define and segment the market for thermally conductive grease on the basis of type, end-use industry, and region

To analyze significant region-specific trends of the market in North America, Europe, Asia Pacific, South America, and Middle East & Africa

To estimate and forecast the thermally conductive grease market at country-level in each of the above-mentioned regions

To strategically identify and profile the key players in the thermally conductive grease market and analyze their core competencies in each formulation and end-use industry

To analyze the market opportunities and competitive landscape of the market

To analyze recent market developments and competitive strategies, such as expansions, new product launches, agreements, and mergers & acquisitions in the market for thermally conductive grease.

This research study involves extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the thermally conductive grease market. The primary sources are mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to different segments of the industrys supply chain. The bottom-up approach has been used to estimate the size of thermally conductive grease market on the basis of type, end-use industry, and region in terms of volume and value. The top-down approach has been implemented to validate the market size in terms of volume and value. With the data triangulation procedure and validation of the data through primary interviews, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

The thermally conductive grease market is led by major players, such as Dow Corning Corporation (US), Electrolube (UK), Momentive Performance Materials Inc. (US), Laird PLC (US), 3M Company (US), Parker-Hannifin Corporation (US), LORD Corporation (US), Wacker Chemie AG (Germany), and Henkel AG & Co. KGaA (Germany). These key players have adopted various organic and inorganic strategies to maintain their shares in the thermally conductive grease market. These players are also focusing on the development of advanced thermally conductive greases.

Target Audience:

Manufacturers of Thermally Conductive Grease

Traders, Distributors, and Suppliers of Thermally Conductive Grease

End-use Market Participants of Different Segments of the Thermally Conductive Grease Market

Government and Research Organizations

Associations and Industrial Bodies

Research and Consulting Firms

R&D Institutions

Environment Support Agencies

Investment Banks and Private Equity Firms

This study answers several questions for the stakeholders, primarily which market segments they need to focus upon in the next two to five years to prioritize their efforts and investments.

Scope of the Report:

This research report categorizes the thermally conductive grease market on the basis of the type, end-use industry, and region. It forecasts revenue growth and analyzes the trends in each of the submarkets.

Thermally Conductive Grease Market, By Type:

Silicone Grease

Non-Silicone Grease

Thermally Conductive Grease Market, By End-use Industry:

LED Lighting

Automotive Electronics

Power Electronics

Telecommunication & IT

Others

Thermally Conductive Grease Market, By Region:

Asia Pacific

China

India

Japan

Taiwan

South Korea

Rest of Asia Pacific

North America

US

Canada

Mexico

Europe

Germany

France

Belgium

Spain

Italy

Hungary

Austria

Rest of Europe

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Saudi Arabia

UAE

Rest of Middle East & Africa

These segments are further described in detail with their subsegments in the report. The value and volume forecasts for these segments and subsegments have also been provided till 2022.

Available Customizations: The following customization options are available in the report:

Company Information

Analysis and profiles of additional global as well as regional market players (up to three).

The thermally conductive grease market is projected to reach USD 416.6 Million by 2022, at a CAGR of 7.3% from 2017 to 2022. With the growing LED lighting industry across the globe, the demand for thermally conductive grease is expected to increase as electronic device manufacturers are opting for these greases to protect their electronic devices from overheating and damage. The demand of thermally conductive grease is further driven by the demand from the growing electronics & electrical industry.

Silicone greases are the most widely used type of the thermally conductive greases. Silicone greases are cost-effective. They are capable of withstanding higher temperatures and fit in smaller gaps. Due to these properties, silicone greases are preferred in various end-use industries, such as LED lighting, power electronics, automotive electronics, telecommunication & IT, and others.

The LED lighting end-use industry segment of the thermally conductive grease market is projected to grow at the highest CAGR from 2017 to 2022. The growth of the LED lighting end-use industry segment can be attributed to the increasing demand for thermally conductive grease. Factors such as government initiatives are driving the demand for LED lighting for energy consumption and energy efficiency.

The Asia Pacific region is the global forerunner in the market in terms of both value as well as volume, and this trend is expected to continue till 2022. Factors, such as ban on CFL lighting, increasing need for energy conservation, and need for reducing electricity expense are expected to contribute towards the growth of the LED lighting industry of the region. This, in turn, is expected to drive the growth of the Asia Pacific market for thermally conductive grease during the forecast period.

Though the market is growing at a fast pace across the globe, there are a few factors that are expected to hamper its growth between 2017 and 2022. These factors include the physical properties of greases that may limit its use and the development of elastomeric pads.